Pakistan ranking has further deteriorated to 144th position among 190 economies in the fresh rating of the World Bank related to… Read More
Breaking: Al Baraka Bank Acquires Burj Bank
Al Baraka Bank has finally acquired Burj Bank including its operations, branches, human resources, customers, deposits and liabilities. Accordingly, Burj… Read More
TRG Interested in Acquiring Shares In IBEX and DGS
The Resource Group International Limited (TRGIL) has expressed interest in acquiring 100 percent shares in IBEX and Digital Global Service… Read More
BankIslami’s Pre-tax Profit Crosses Rs 1 Billion Mark
BankIslami crossed a benchmark of Rs 1 billion pre-tax profit for the first time in its history, showing an outstanding… Read More
Pakistan Raises $1 Billion Funds Through Sukuk Bonds
Despite of the prevailing tension on the borders between with India, Pakistan has succeeded to raise attention of the foreign… Read More
PTA Issues SOPs for Point to Point Communication over ISM Band
PTA has allowed the establishment and the installation of outdoor Point to Point Wireless Link(s) by telecom operators, mainly the… Read More
SBP Warns Of Penalizing Banks for Circulating Untested Currency Notes
State Bank of Pakistan (SBP) has warned all commercial banks about facing penalties if they will continue to circulate currency… Read More
Express Tribune Fires Staff in Bulk from Islamabad, Lahore and Peshawar
In a shocking move, the Express Tribune has fired around 30 of its editorial staff in Islamabad, Lahore, Peshawar and… Read More
Local Car Makers Sold 27,317 Cars During July, Aug 2016
The demand of passenger cars surged again in the country as the sales of locally assembled cars witnessed a significant… Read More
Overseas Pakistanis Sent $1.76 billion to Pakistan Ahead of Eidul Azha
Overseas Pakistanis remitted $1.76 billion to home country ahead of Eidul Azha, during August 2016, which is 32.5 percent higher than… Read More
Banking Sector Profits Decline By Rs. 12 Billion in Q2 2016
Due to lower interest rates and its driven income coupled with rising expenses of the operations, the banking sector witnessed… Read More
WorldCall Telecom Receives Another Offer to Sell-out Its Stakes
WorldCall Telecom has received another proposal to sell out its stakes after it rejected Dunya Group and PTCL for an… Read More
